Retirement

Partnership Assurance Group, the enhanced annuity specialist, has set its offer price at 385p per share meaning its implied market capitalisation for its initial public offering (IPO) is £1.5bn.

Standard Life and Punter Southall Defined Contribution Consulting (PSDCC) have signed a strategic auto-enrolment (AE) deal for small to medium enterprises (SMEs).

PENSIONS

AUTO-ENROLMENT

Despite consumers feeling more confidence about available annuity options the vast majority are still not getting the best product and rate in retirement, Association of British Insurers (ABI) research has found.

People reaching retirement can expect to see their incomes drop by at least a third, according to a report.

Self-employed workers are missing out on up to £91,512 over their working lives because they do not receive employer contributions through a company pension scheme.

The Equity Release Council is to brief policymakers on improving access to financial advice for older people at the House of Commons today.

In this week's quick fire poll we ask: Should the pensions market move towards offering fewer, large scale products to employers?

Retirement Planner's round-up of the top pension stories this week.